37-43 Federal Street,
North Hobart, TAS 7000
Warehouse, Factory & Industrial • Development Sites & Land
Price information
Sale
Contact Agent
Key property information
Land area
Floor area
Car spaces
Parking info
Zoning
Tenure type
Private inspections
to arrange a private inspection.
Map of 37-43 Federal Street
Bus stops within 5 km of 37-43 Federal Street, North Hobart, TAS 7000 Distance Stop 7, No.365 Argyle St 126 m Stop 8, No.348 Argyle St 145 m Stop 7, No.312 Argyle St 217 m Stop 8, Argyle St (North Hobart Oval) 238 m Brooker Ave 298 m POWERED BY HERE ©
POWERED BY HERE ©
Excellent long-term investment with ASX listed national tenant
- Strong lease covenant to National Tenant
- Future Development potential (STCA)
- Fringe CBD industrial asset
Knight Frank has the exclusive opportunity to offer to the market for sale 37 – 43 Federal Street, North Hobart.
The property is currently occupied by Micra Accident Repair Centre Pty Ltd, who have a lease expiry of November 2027 (plus options to 2037) and pay a net annual rent of $194,870* plus all statutory outgoings and building insurance. The site is extremely well utilised by Micra who carry out their operations across the three warehouses plus office space, with the site complimented by approximately 40 car spaces.
Micra is owned by The AMA Group who are listed on the ASX and are the leader in the Australian and New Zealand collision repair industry and associated auto parts market.
The property provides investors secure income for many years while the fringe CBD industrial area begs for a future rezoning where further development is a possibility on the 2,183 sqm site (STCA).
37-43 Federal Street, North Hobart is for sale by offer.
The property is currently occupied by Micra Accident Repair Centre Pty Ltd, who have a lease expiry of November 2027 (plus options to 2037) and pay a net annual rent of $194,870* plus all statutory outgoings and building insurance. The site is extremely well utilised by Micra who carry out their operations across the three warehouses plus office space, with the site complimented by approximately 40 car spaces.
Micra is owned by The AMA Group who are listed on the ASX and are the leader in the Australian and New Zealand collision repair industry and associated auto parts market.
The property provides investors secure income for many years while the fringe CBD industrial area begs for a future rezoning where further development is a possibility on the 2,183 sqm site (STCA).
37-43 Federal Street, North Hobart is for sale by offer.
Property ID: 504240196Last Updated: 30 Apr 2024
37-43 Federal Street
North Hobart, TAS 7000
Elders Real Estate - Hobart5 Victoria Street
HOBART, TAS 7000
HOBART, TAS 7000
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
Unit 1, 481 Main Road,Montrose, TAS 7010 545 m²Warehouse, Factory & Industrial • Shops & Retail • Showrooms & Large Format Retail